Tewkesbury firm JP Group in administration
At least 30 jobs have been lost at a Gloucestershire company whose main business is building petrol stations.
The JP Group, based at Green Lane Business Park in Tewkesbury, has also been placed into administration.
About 100 people are employed by the company which was set up in 1969 and last year turned over £11m.
A reduction in investment has been blamed for the business suffering as well as the general downturn in commercial property investment.Existing contracts
Two associated companies - JP Demolition and Petroleum Decommissioning Ltd, and TJP Homes Ltd - are not in administration.
JP Group Ltd specialises in building petrol stations and corporate premises such as car dealerships and office blocks.
Nigel Morrison and James Stares, of Grant Thornton, have been appointed joint administrators.
They are now looking at the company's existing contracts to see if work can progress with a reduced workforce.